The credit crunch is getting worse and bankruptcies are on the rise | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Saudi Arabia prolongs oil supply cut as global demand looks weak | CNN Business

London CNN  —  Saudi Arabia announced Monday that it would extend a cut of 1 million…

Climate event El Niño could hit the economy from food prices to clothing sales this year | CNN Business

CNN  —  Earlier this month, scientists at the US National Oceanic and Atmospheric Administration (NOAA) confirmed…

Why is inflation cooling — and why isn’t it coming down more | CNN Business

New York CNN  —  Ahead of May’s closely watched Consumer Price Index, set to be released…

Hong Kong leads global market rally with best day in three months | CNN Business

Hong Kong/London CNN  —  Global stocks climbed Friday, led by a resurgent Hong Kong market, as…

US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions | CNN Business

New York CNN  —  US oil prices dropped below $70 a barrel Tuesday on concerns about…

Britain is getting so desperate to tame inflation it’s talking about food price caps | CNN Business

London CNN  —  Brits woke up to yet more grim news on inflation Tuesday, with new…

Germany falls into recession as consumers in Europe’s biggest economy spend less | CNN Business

London CNN  —  Germany has slipped into recession as last year’s energy price shock takes its…

5 things to know for May 16: FBI, New Mexico shooting, Gas prices, Debt limit, AI | CNN

CNN  —  Face masks have largely disappeared from places like grocery stores and schools in the…

European Union upgrades outlook for economy as energy prices retreat | CNN Business

London CNN  —  Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s…